Old Snowmobiles For Sale In Mn Journal Entries For Acc Class?
Journal entries for acc class? - old snowmobiles for sale in mn
22. December
Turnover in the old truck company to complete a series of new truck-box question to the transaction. old used truck cost $ 3800.00 and 30 September, the end of the quarter had written off $ 2200th The straight line on the old car for $ 40 per month.
The new car for $ 20,950 (including taxes and destination) and Auburn allowed trade Således U.S. $ 3,000 as compensation for buying a new car.
A further check of $ 540 was sent to the department of motor vehicles for vehicle license fees.
24. December Trailer-tracker has two snowmobiles and trailer duo sells Norton gate price of $ 11,825.63 (including VAT). The customer pays by credit card bank.
Merchandise
Kos article: Trailer tracker 1500 Quantity: 2 nett per unit: $ 4116.00
Article: Norton Duo Trailer No. 1 The net cost per unit: $ 693.00
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1 comments:
Qn 1
Suppose you buy the month nearest whole number, rather than counting the days, you must be MTH depreciate the car over 3 months at $ 40.
Dr. depreciation rate $ 120
Cr Accum. Depner - Truck-$ 120
Then the total accum. Depner. is $ 2320th The cost was $ 3,800, if the residual value is $ 1,480. You will receive $ 3,000 for the car, it had sales of $ 1520th
Dr. Truck (new) $ 20,950
Dr Accum. Depner. $ 2320
Dr truck maintenance costs, $ 540
Cr Cash $ 18,490
Cr truck (old) $ 3,800
Cr Gain on sale of truck $ 1520
QN 2
Dr. Cash $ 11,825.63
Cr Sales $ 11,156.25
To pay VAT to Cr $ 669.38 (assuming 6%)
Dr. Cost $ 8925
Cr merchandise has $ 8925
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